ADULT AT AGE 18
Minnesota Law considers you an adult at age 18. An adult is responsible for handling their own legal and financial matters, and their medical care decisions on their own.
Parents of an 18 year old no longer have legal authority to handle legal, financial or medical care decisions for their child. This comes as a surprise to parents who are used to handling those matters for their child. Especially when they are paying school tuition for their child and the school tells them they cannot have access to the student’s grades or other important information.
In order for the adult child to provide their parents or others access to legal, financial and medical matters, or to make decisions regarding them, they must do a Power of Attorney (POA) for legal and financial affairs and a Health Care Directive (HCD) for medical care decisions. If the child were in an accident that prevented them from handling their own affairs, having a POA and HCD will allow family to handle things until they recover. Also, it is advisable for them to consider doing a Will and to obtain a passport.
Anyone can benefit from an estate plan review regardless of the size of your estate. Call our office for a free half hour initial appointment to discuss these and any other issues you may have, if you are considering an estate plan.